Starter homes will be out of reach for majority of families, LGA warns

17 February 2016
Starter homes will be out of reach for majority of families, LGA warns
Starter homes could be out of reach fro the majority of families in England, according to new analysis from the Local Government Association (LGA).
Under the national starter homes scheme, first-time buyers will be able to buy 200,000 new starter homes over the next five years at a minimum discount of 20 per cent off the market value, with discounted prices capped at £450,000 in London and £250,000 elsewhere in the UK.

Cities must improve technology planning to prevent economic segregation

16 February 2016
Cities must improve technology planning to prevent economic segregation
A report published by the Royal Town Planning Institute (RTPI) has called upon councils to improve planning in the technology sector to spur growth and prevent incidences where digital benefits are concentrated to particular areas.

Help to Buy creates 43 per cent additional new homes

16 February 2016
Help to Buy creates 43 per cent additional new homes
According to an evaluation of the Help to Buy equity loan scheme, commissioned by the Department for Communities and Local Government, 43 per cent of newly built homes have been achieved directly as a result of the programme.